How much is a claim worth?

The amount of R&D tax credit your business will receive is contingent on your qualifying expenditure.

Once calculated, the qualifying expenditure is enhanced depending on whether your business qualifies for the SME or RDEC scheme. This enhanced expenditure is deducted from taxable profits, or added to a loss, resulting in:

  • a Corporation Tax reduction if your business is profit-making
  • a cash credit if your business is loss-making
  • or a combination of both.